Yield Forwarding Request: USDGLO

Yield Forwarding Request:

  • Paired token: USDGLO
  • Paired token contract: 0x4f604735c1cf31399c6e711d5962b2b3e0225ad3
  • Origin token to pair with: superOETHb
  • DEX deploying pair on: Curve
  • Pool contract: 0x22559fC36A9B0c936DfF0AB1d0DE9a2aC5e6A059
  • Destination address: 0x31d2737adf35A6981546b4dA644eE64973Cd4Fd8
  • Pool booster or treasury booster: TB
  • Community stats
  • Twitter followers: 3.9k followers

Simple summary of Paired token:

USDGLO is a stablecoin by Glo Dollar that funds public goods.

Benefit of enabling yield forwarding and TB/PB for Paired token:

The Glo Dollar treasury will generate additional yield that it can use to grow the token and platform as they see fit.

Benefit of enabling yield forwarding and TB/PB for Origin protocol:

Origin Protocol will realize greater superOETH TVL from the ETH converted into superOETH in the pool.

Additional notes:

Glo Dollar is also hoping to get a gauge for their pool so that they can split YF 50/50 between TB/PB (for when the split feature is complete). The gauge is going through the governance process right now, but the deployed gauge address is 0x1Fa0b05a796aC4c4E9874c9E90bC38660E23F929